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Freeport Indonesia mine should stay shut to probe tunnel collapse -union
Reuters* Suspension of copper mining enters third day * Tension between union, Freeport could spook investors * Indonesia president calls for investigation By Yayat Supriatna and Michael Taylor JAKARTA, May 17 (Reuters) - Freeport McMoRan Copper & Gold Inc's...Tags: Indonesia, Susilo Bambang Yudhoyono, Metal and Mineral, Non Ferrous Metal, Casino and Gambling Industry
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COMMODITIES-Most markets fall, weak US data prompts demand worry
Reuters* Gold falls for sixth sessions, first time in four years * Oil gains as dollar drops after soft U.S. economic readings * U.S. drought shrinks, may be too late for some wheat crops By Carole Vaporean NEW YORK, May 16 (Reuters) - Most commodity markets...Tags: Chicago Board of Trade, Federal Reserve, Petroleum Industry, Weather, BNP Paribas
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PRECIOUS-Gold edges up, headed for worst week in a month
ReutersSINGAPORE, May 17 (Reuters) - Gold edged up on Friday as stock markets paused after rally, but the metal was still on track for its worst weekly decline in a month as investors cut exposure to bullion, sending holdings in exchange-traded funds to the...Tags: Singapore, Federal Reserve, Metal, Metal and Mineral, Nikkei
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Spike Lee Attached to Direct Former Michael Mann Movie 'Gold' (Exclusive)
ReutersMay 17 (TheWrap.com) - With Michael Mann gearing up to start production on an untitled thriller involving cyber crime, Spike Lee has come on to direct the rags-to-riches tale "Gold," which Teddy Schwarzman's Black Bear Pictures will finance and produce...Tags: Sundance Film Festival, Entertainment, Metal and Mineral, Oldboy (movie), Movies
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Freeport Indonesia mine shut for second day, five dead
ReutersJAKARTA, May 16 (Reuters) - Operations at Freeport-McMoRan Copper & Gold Inc's Indonesian mine remained halted for a second day, as rescuers raced to find 23 workers still trapped underground after a training tunnel collapse at the world's No.2 copper...Tags: Indonesia, Metal and Mineral, Mining
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U.S. to rigorously enforce gold ban on Iran -Treasury official
ReutersWASHINGTON, May 15 (Reuters) - The United States will rigorously enforce "without fear or fail" sanctions starting on July 1 that ban governments or private companies from selling gold to Iran, a top Treasury official said on Wednesday. David Cohen,...Tags: U.S. House of Representatives, Petroleum Industry, Turkey, National Government, Iran
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PRECIOUS-Gold drops for 6th session in longest losing streak in 4 yrs
ReutersSINGAPORE, May 16 (Reuters) - Gold fell for a sixth session on Thursday in its longest losing streak since March 2009, after holdings in exchange-traded funds fell to their lowest in four years as rallying stock markets dulled bullion's safe-haven appeal....Tags: Japan, Metal, Metal and Mineral, Land Price, House Building
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Freeport suspends Indonesia mine after tunnel collapse
ReutersJAKARTA (Reuters) - Freeport-McMoRan Copper & Gold Inc halted operations at the world's second largest copper mine in Indonesia on Wednesday as rescue workers scrambled to find 25 workers caught underground in a tunnel collapse a day earlier. The head of...Tags: Indonesia, Freeport-McMoRan Copper & Gold Inc, Metal and Mineral, Disasters and Accidents, Mining
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Freeport Indonesia suspends mine operations after tunnel collapse: source
ReutersJAKARTA (Reuters) - The Indonesian unit of Freeport-McMoRan Copper & Gold Inc suspended operations at the world's second-largest copper mine on Wednesday, a source with knowledge of the matter said, after a training tunnel collapsed the previous day....Tags: Indonesia, Freeport-McMoRan Copper & Gold Inc, Metal and Mineral, Mining
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GLOBAL MARKETS-U.S. stocks dip, euro falls on weak data
Reuters* Disappointing U.S., euro zone data fuel hopes of stimulus * U.S., German bond yields rise on weak regional data * Dollar rises against most currencies except yen * Oil, gold stuck in losing streaks due to stronger greenback By Richard Leong NEW YORK,...Tags: European Central Bank, Petroleum Industry, Finance, Central Bank, Germany
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GLOBAL MARKETS-U.S. stocks power to record highs, dollar firm
Reuters* Wall Street shares resume rise on steady growth outlook * S&P 500, Dow rise to record intraday highs * Dollar index strengthens further as yen weakens * Oil prices dip; gold extends losing streak By Richard Leong NEW YORK, May 14 (Reuters) - Wall...Tags: Petroleum Industry, Federal Reserve, International Energy, Germany, Nasdaq Composite
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GLOBAL MARKETS-U.S. stocks resume rise, dollar holds firm
Reuters* Wall Street shares power higher on steady growth outlook * S&P 500, Dow rise to record intraday highs * Dollar index edge up as yen weakens further * Oil prices dip; gold recovers from recent losses By Richard Leong NEW YORK, May 14 (Reuters) - Wall...Tags: Petroleum Industry, International Energy, Germany, Nasdaq Composite, S&P 500
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May 16, 2013
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